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Define the term leadership.
Direct Labor-hour
A metric that calculates the total number of hours worked by employees directly involved in manufacturing a product or providing a service.
Predetermined Overhead Rate
An estimated rate used to allocate manufacturing overhead to individual units of production, based on a related activity base.
Machine-hours
A measure of the amount of time machines are used in the production process, often used as an allocation base for applying manufacturing overhead.
Job T629
A unique identifier for a specific job, task, or project within a job-order costing system, potentially representing a particular order or production batch.
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